Coast 2 Coast Funding Group Mortgage Rates, Fees & Info
IRVINE, CALEI: 5493005LE3FE2MIPPW66
Tax ID: 20-4459706
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Mortgage Data
Review & Overview
Coast 2 Coast Funding Group is a smaller mortgage company specializing in Cash Out Refi and Home Purchase loans. Coast 2 Coast Funding Group has a high proportion of conventional loans. Their top markets by origination volume include: Los Angeles, Riverside, San Francisco, San Diego, and Oxnard among others. We have data for 11 markets. (Some data included below & more in-depth data is available with an active subscription.)Coast 2 Coast Funding Group has an above average approval rate when compared to the average across all lenders. Coast 2 Coast Funding Group is typically a high fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have relatively high rates.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 7.01% | 12/4/23 |
| 30 Year Conventional Refi | 6.53% | 12/4/23 |
| 30 Year Cash-out Refi | 7.02% | 12/4/23 |
| 15 Year Conventional Purchase | 6.13% | 12/4/23 |
| 15 Year Conventional Refi | 6.28% | 12/4/23 |
| 15 Year Cash-out Refi | 6.28% | 12/4/23 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Coast 2 Coast Funding Group Mortgage Calculator
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This is not an official calculator from Coast 2 Coast Funding Group. It uses our SimulatedRate™
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
241Origination Dollar Volume (All Markets)
$105,455,000Awards
COAST 2 COAST FUNDING GROUP - 2022
COAST 2 COAST FUNDING GROUP is a 2022 , due to their low .
For 2022, less than of lenders were eligible for this award.
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Relative Rate
Coast 2 Coast Funding Group's average 30 year fixed mortgage rate was
5.17%.
The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.
This yields a difference of 0.41%.
Relative Fees (Closing Costs)
Coast 2 Coast Funding Group's average total fees/closing costs for a 30 year fixed rate
mortgage were $11,479.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including
both points & up-front fees in addition to origination fees) were $4,750.
Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 98 | $42,890,000 | $437,653 | $12,416 | 5.07% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 49 | $17,735,000 | $361,939 | $11,207 | 5.39% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 35 | $15,585,000 | $445,286 | $10,133 | 5.59% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 21 | $9,985,000 | $475,476 | $12,974 | 4.74% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 14 | $6,790,000 | $485,000 | $10,820 | 4.54% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 11 | $6,375,000 | $579,545 | $9,726 | 5.34% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 8 | $3,150,000 | $393,750 | $6,800 | 4.33% |
| BEND, OR (FHA|USDA|VA) | 1 | $1,985,000 | $1,985,000 | $12,560 | 5.00% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $4,648 | 3.44% |
| Newport, OR (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $3,251 | 6.13% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $4,609 | 4.50% |
Similar Lenders
We use machine learning to identify the top lenders compared against COAST 2 COAST FUNDING GROUP based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 241 | $105,455,000 | $437,573 | $11,351 | 5.13% |
For 2022, Coast 2 Coast Funding Group's most frequently originated type of loan was Conventional, with 241 originations.
Loan Reason
For 2022, Coast 2 Coast Funding Group's most frequently cited loan purpose was Cash Out Refi, with 134 originations. The 2nd most popular reason was Home Purchase, with 93 originations.
Loan Duration/Length
For 2022, Coast 2 Coast Funding Group's most frequently cited loan duration was 30 Year, with 231 originations. The 2nd most popular length was 15 Year, with 6 originations.
Origination Fees/Closing Costs
Coast 2 Coast Funding Group's average total fees were $11,479, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 186 originations.
Interest Rates
During 2022, Coast 2 Coast Funding Group's average interest rate for loans was 5.17%, while their most frequently originated rate bucket for loans was 5-6%, with 57 originations.
Loan Sizing
2022 saw Coast 2 Coast Funding Group place emphasis on $400k-600k loans with 99 originations, totaling $48,485,000 in origination value.
Applicant Income
Coast 2 Coast Funding Group lent most frequently to those with incomes in the $100k-150k range, with 78 originations. The second most popular income band? $150k-250k, with 47 originations.
Applicant Debt to Income Ratio
Coast 2 Coast Funding Group lent most frequently to those with DTI ratios of 49%, with 28 originations. The next most common DTI ratio? 44%, with 28 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications100.00%
Coast 2 Coast Funding Group has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to originationPoints and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 241 | $105,455,000 | $437,573 |